The point about Fibs is just that - its psychological. Its behavioral finance, just market sentiments and price action. But that's basically what S/Rs generally tend to be isn't it, the sum of market players' perception of price and value of the ...

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Bemac, your threads are legend man. No free lunch is up there in my list of forex gospels.

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S/R — Hello all. Great idea with the "no indicators" post. With regards to S/R, I've been trying to piece together information I've come across in this forum from various sources and am trying to work on how confluence of S/R lines such as ...

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